Short
MATIC SHORT

the impluse wave is in a diagonal
5th wave in an expanding diagonal
could cause a throw over if it breaks
that top trend line hitting the top of the
expanded diagonal
solid wave 1 structure
5th wave in an expanding diagonal
could cause a throw over if it breaks
that top trend line hitting the top of the
expanded diagonal
solid wave 1 structure
Note
throw over means fake outNote
PLZ READ THIS everything here makes perfect sense except for this rule i found about diagonals not being allowed in 3rd waves... i went to twitter about this and am waiting for feedback... ill link an update to this chart once i have an alternative theory
or feedback confirmation on the issue
Note
ok so i have confirmation that diagonals can occur in sub waves of the 3rd waveDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.